HIre Purchase Loan For Business

Interest Rate: Na

Features

A) New Vehicle

Credit Limit                         : Maximum 50 Lakh Or 70 % value of Vehicle Valuation.

Loan Period                         : Maximum 5 Year

Collateral                             : Vehicle, Land and Building If needed

Condition of recovery : Monthly Installment

B) Old Vehicle

Credit Limit                         : Maximum 25 Lakh Or 50 % value of Vehicle Valuation.

Loan Period                         : Maximum 5 Year

Collateral                             : Vehicle, Land and Building Compulsory

Condition of recovery : Monthly Installment